Savings, Money Market & CDs
Savings options designed to help you achieve your financial goals.
SAVINGS *
- $100.00 minimum deposit to open
- Maintain a $200 minimum monthly balance to avoid $2.00 service charge
- 3 withdrawals allowed per month, additional withdrawals $2.00 each
- Interest compounded daily, posted monthly
- Custodial savings account available
- Minor savings account available with no minimum opening deposit required
PERSONAL SUPER SAVER *
- Offers a Super Rate for balances $5,000.00 and greater
- $100.00 minimum deposit to open
- No maintenance fee
- Interest based on account balance
- 3 withdrawals per month, additional withdrawals $10.00 each
- Interest compounded daily, posted monthly
CASHBack Saver * ***
- CASHBack Saver is an avenue to help you SAVE your CASHBack rebates and ATM Fee refunds from your CASHBack Checking account by automatically crediting to your CASHBack Saver.
- $5.00 minimum deposit to open.
- A higher rate will be paid each statement cycle on all CASHBack Saver balances when qualifications for CASHBack Checking are met.
- If CASHBack Checking qualifications are not met, all balances will receive the non-qualifying rate for that particular statement cycle. Click here for information on CASHBack Checking and Click here for current rates.
- No minimum balance required.
- No monthly service charge
- 3 Withdrawals per month, additional withdrawals 10.00 each
- Interest compounded daily, posted monthly
- Available for personal accounts only.
**APY = Annual Percentage Yield
PERSONAL MONEY MARKET *
- $100.00 minimum deposit to open
- Maintain a $1,000.00 minimum balance to avoid $5.00 monthly service charge
- 6 preauthorized withdrawals per month, additional withdrawals $5.00 each
- Tiered interest based on account balance
- Interest compounded daily, posted monthly
CERTIFICATES OF DEPOSIT +
- Choose from a selection of terms that best suits your financial needs.
- Competitive rates (Click here to view our current rates)
- $500 minimum deposit to open (Promotional and Special Term CD's could have greater minimum deposits to open. Please refer to our current depost rate page for appropriate required minimum deposit)
- Interest compounded daily
- Interest posted quarterly, or you can request interest to be paid monthly, quarterly, semi-annually, annually or at maturity by check or transfer to any other deposit account you have at The Bank of Georgia.
- Penalty may be applied for early withdrawal
SUPER SAVER CD **
- 13-Month Fixed-RateTerm (Click here to view our current rates)
- $5,000.00 minimum deposit to open
- $5,000.00 minimum balance requirement
- Unlimited deposits in $500.00 minimum increments
- Four (4) Penalty-Free withdrawals allowed during term - Certain Restrictions Apply**
- Looking for a way to keep large deposits safe? Ask us about CDARS®. Protect your large CD's with FDIC insurance up to $50 Million. Click here for more information.
+The APY (Annual Percentage Yield) on Certificates of Deposit is based upon an assumption of minimum schedule of quarterly interest payment posted to the certificate balance. All certificates have interest accrued on a daily compounding basis. Interest is accrued and paid on collected balances. Early withdrawal penalties may apply. Rates on savings and checking accounts may change after account opening. Fees may reduce earnings.
* Federal regulations limit third party or pre-authorized transfers (including overdraft transfers) to six per statement cycle. No more than three of which may be made to third parties. Interest is accrued and paid on collected balances. Rates on savings and checking accounts may change after account opening. Fees may reduce earnings.
** Offer good for consumer accounts only. Not available for business accounts or public funds. The term or APY is subject to change at any time and without notice. The interest rate in effect at the time the CD is open will be fixed and will remain in effect until the maturity date. Unlimited additional deposits are permitted during the term of the CD in minimum increments of $500.00. After the first six (6) days of the initial account term, or after six (6) days of any subsequent withdrawal or deposit, you may make a maximum of four (4) withdrawals of all or a portion of your funds without an early withdrawal penalty. Early withdrawal penalties may apply to subsequent renewals of this CD. An early withdrawal penalty equal to seven (7) days' interest must be assessed on any funds withdrawn during the first six (6) days of the initial term and on any funds withdrawn during the first six (6) days following any subsequent withdrawal or deposit. If more than four (4) withdrawals are made after opening of the CD, or if a withdrawal results in a remaining balance less than $5,000.00, the CD must be closed. Annual percentage yield assumes interest remains on deposit until maturity and that a withdrawal will reduce earnings. We reserve the right to require at least 7 days’ prior written notice of your intended withdrawal.
*** CASHBack Saver is available only for customers who have an open and active CASHBack Checking account. When you no longer maintain the CASHBack Checking, your CASHBack Saver will be converted to our regular savings account, and regular savings account rates and conditions will apply. When CASHBack qualifers are met you will earn the stated current qualifying rate and Annual Percentage Yield (APY). IF CASHBack Refund qualifers are not , you will earn the stated current non-qualifying rate and APY. Refer to the CASHBack Checking disclosures for details.
Member FDIC
|
